PMI Project Management Professional Practice Question

As the project manager, you are currently overseeing the performance of several contracts as part of a project's procurement processes. Discovery of significant variances in a contractor's work performance against the contract has prompted a need for action. In line with the 'Control Procurements' process, what should be your IMMEDIATE next step to address these discrepancies efficiently?

  • Terminate the contract based on the performance discrepancies

  • Review and analyze procurement documentation and performance reports to determine the extent of the variances and their impact on the project

  • Continue monitoring the contractor's performance to determine if the discrepancies self-correct over time

  • Request additional funds to cover the performance variance

PMI Project Management Professional
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